This self quiz is designed to enable the trader to know whether s/he is ready to start the Blue Point Trading - Trader Programme. It is certainly not comprehensive, but will give you an idea of the level of basic competence needed to be successful at Blue Point Trading. After you have taken the quiz, the results will be given See morealong with further instructions.
Bullish for stocks.
Bearish for stocks.
Depends on the underling credit default swap rates.
A signal that the central bank is ready to make a policy change in the same direction.
Has no real effect on stock values.
Rate this question:
Prohibited under the country's laws.
Means the company's is running low of cash.
No effect on the value of the stock.
Bearish for the stock.
None of the above.
Rate this question:
An economy that is growing.
Potential inflation fears could arise due to the over heating of the economy.
Stock values could rise.
Interest rates could rise.
All of the above.
Rate this question:
Good for a country because it will increase job growth.
Causes GDP to fall.
Causes interest rates to go up.
Causes stock values to rise.
All of the above.
Rate this question:
Occur very rarely.
Occur only when central banks raise interest rates.
Occur often.
Are highly dependent on FOREX values of 3rd world countries.
Is a sign of financial stress, leading to economic down turns.
Rate this question:
A leading economic indicator.
A place where governments can place sovereign debt.
Companies can launch IPOs.
Large speculation can occur.
All of the above.
Rate this question:
Rarely listen to as they are generally politically motivated.
May not be accurate, but its the best data available and because others trade off them, we should look at them carefully.
Are generally not too important for a day trader.
Are only good if certified by your broker.
None of the above.
Rate this question:
The question's premise is wrong. Bond values and interest rates go up at the same time.
There is a perceived risk of a default on the bond.
The central bank keeps rates steady all the time.
The question's premise is wrong. Bond values and interest rates go down at the same time.
None of the above.
Rate this question:
It depends of the PE ratio is above the central bank rate.
Dividend is likely to be raised.
It depends of the GDP report that may come out at the same time.
Company's performance has gotten worse and the stock value may go down.
None of the above.
Rate this question:
Place a market order to go short.
Place a market order to go long.
Place a normal stop order at break even.
Place a sell stop limit order, 5 ticks above the high of the day.
None of the above.
Rate this question:
Sell 3 contracts.
Buy 3 contracts.
Buy 2 contracts and sell 1.
Sell 2 contracts and buy 1.
None of the above.
Rate this question:
Will have a profit target in place.
Will have a stop in place.
Has the entry price that is between the profit target and stop prices.
Can be done on both long or short positions.
All of the above.
Rate this question:
When the market closes the order is removed.
Will stay in place even if the order is executed.
Normally requires an additional commission by the broker.
Can only be done on long orders.
None of the above.
Rate this question:
They are the same as a market order.
Can only be done on long orders.
Places a specific price that you are willing to buy or sell an instrument.
Is the same as a stop order.
None of the above.
Rate this question:
Your position has moved against you to the point that you now can take additional positions.
The broker in effect will stop you out automatically, once you fund your account with additional funds.
You are a bad trader.
Your risk management strategy is working.
All of the above.
Rate this question:
A stop order that gets hit, will automatically remove the existent profit target order you may have had, relative to the original position order.
If you are short it will cancel the long.
If you are long it will cancel the short.
An order that gets filled that will disallow all potential additional orders, relative to your other positions in your portfolio.
None of the above.
Rate this question:
The price spread between the bid and ask price.
The market value of the underlying instrument.
The amount potential you can make on the trade.
The amount required to open a futures account at a broker.
None of the above.
Rate this question:
You potentially could take physical delivery, if you do not sell before hand.
You must buy an option to cover the position.
You must sell an option to cover the position.
All contracts will then get paid a dividend at par.
None of the above.
Rate this question:
You have risk from the put strike price to 0.
You want the underlying instrument to go up in value.
If not hedged with another position, it is often called a naked position.
You will loose money if the underlying instrument goes down in value.
All of the above.
Rate this question:
Some times considered a lagging indicator, as it is price derived.
Is an indicator that relates to your margin account.
Is a type of order management indicator.
Identifies the order quantity.
None of the above.
Rate this question:
Time to sell on the positive retrenchment to move lower.
Market volatility - do nothing.
Engulfing green candle and hence a market bottom.
Head and shoulders pattern is approaching.
None of the above.
Rate this question:
Shooting moon pattern, get ready to buy.
Rertracement rally about to start on the next possible bid position.
Bear flag, market to move lower.
Bull flag, market to move higher.
All of the above.
Rate this question:
Wheel pattern, market ready to go up.
Wheel pattern, market ready to go down.
Market chop, market ready to go up.
Market chop, market ready to go down.
Market chop, wait for a pattern to develop.
Rate this question:
A market rally has occurred.
Scholastics is a lagging price derived indicator.
Scholastics oscillators are not the only indicator that you should look at.
Good traders keep an open mind to new information that may come to the market.
All the above.
Rate this question:
Head and shoulders patterns never work, ignore the pattern.
Head and shoulders pattern broke neckline, but buy on the potential false break.
Head and shoulders pattern broke neckline, get out if you are long.
False head and shoulders pattern due to too many red bars in the chart, hold your current position.
None of the above.
Rate this question:
Bull flag, a signal to remove all existing orders.
Bear flag, a signal to remove all existing orders.
Inverted hammer, signal to sell.
Inverted hammer, signal to buy.
None of the above.
Rate this question:
Always win your trade.
Always loose your trade.
Know what the volume indicator will do.
Understand the tick durations within the time frame.
None of the above.
Rate this question:
Adjust the dividend to the moving average.
Take small tick trades, missing the overall trend.
Adjust the indicators to set up the trade environment.
Needs to be a trade weighted carefully with your overall retirement investment strategy.
None of the above.
Rate this question:
Stop loss points.
Profit target points.
Trade set-up trigger conditions.
The negotiated amount you are willing to pay to your broker
Win / loss ratio.
Rate this question:
Quiz Review Timeline (Updated): Mar 22, 2023 +
Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.
Wait!
Here's an interesting quiz for you.